Asset Division – Debt Allocation

The division of assets and debts can be a complex and time-consuming part of the separation and divorce process. Usually, the fair division of a marital estate is not as simple as awarding each party half of the value of a particular asset. Depending on the family’s income and other financial circumstances, the division of assets could involve establishing the value of real estate and other property, appraising a family business and taking an inventory of the family’s investments, savings and retirement accounts. A knowledgeable attorney, with experience in the collaborative law process or mediation, can be helpful in reaching an equitable solution for both parities in a divorce. A qualified lawyer also can explain state laws on community property and advise you on how to determine who should keep particular possessions acquired during a marriage.

Arlington family lawyer Stephanie Foster has in-depth knowledge, training and experience in family law and the division of assets and debts. Stephanie Foster works to reach a fair, favorable and appropriate settlement for her clients. Stephanie Foster advises clients on their options and strives to achieve a binding settlement without incurring court costs or long delays. If mutual agreement is not possible and the matter must go to court, Stephanie Foster represents her clients in court with a well-researched, factual case that promotes the best possible financial outcome for her client. To discuss marital asset division and debt allocation with a skilled attorney in the Foster Law Firm, call 817-277-2805. Stephanie Foster serves clients in the Tarrant County communities of Arlington, Mansfield, Fort Worth, Hurst, Euless, Bedford, Southlake and Keller, Texas.